Australia's August Trade Deficit Better Than Expected

Australia's August Trade Deficit Better Than Expected

Assessment

Interactive Video

Business

University

Hard

Created by

Quizizz Content

FREE Resource

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the trade deficit for August, and how did it compare to expectations?

$787 million, better than expected

$800 million, as expected

$1.36 billion, worse than expected

$700 million, better than expected

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

By what percentage did Australia's imports fall in August?

2%

3%

5%

4%

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the percentage change in Australia's exports in August?

3% increase

2% increase

3% decrease

2% decrease

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How did the Australian dollar react to the trade data?

It fell significantly

It remained unchanged

It rose significantly

It rose slightly

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following factors does NOT affect the Australian dollar?

Local weather conditions

Iron ore prices

Quantitative easing in the US

Trade data